2013年8月7日 星期三

Beloved for a giving nature

A dedicated welder who used his craft not only to earn a living but also to help others, Raul Sanchez is remembered as a loving father who was loyal and humorous with his friends and co-workers.He would take his shirt off his back for you, his daughter Rose Rangel said. He always put people first before himself.

Born and raised in San Antonio,Find the perfect cleaningsydney and you'll always find your luggage! Sanchez was drafted into the Army and fought in the Vietnam War shortly after he met Rosalinda, his future wife, through a mutual friend. He would write letters to her during the war, asking her to wait for him, his daughter said.After serving for two years, he was shot in the foot and returned home. After he recovered, he continued in the Army Reserve for seven years.

In his early 20s, he was a mechanic for Ford Automotive, until he found his true calling, welding. Sanchez took a class to learn the craft and found a job at Swearingen Aircraft.His daughter said Sanchez often told his children of the responsibility of the job: If we did something wrong, it could cost the lives of the people on the plane, she quoted him.

Sanchez also had a stint with the post office for about three years, until he was hired by Ultrafryer Systems in 2001. There Sanchez hit his stride, receiving three Ideals for Progress awards for concepts that saved the company money. One idea included creating fixtures to speed the production of parts in the plant.He was very knowledgeable, welding supervisor Allen Kowalik said. When new welders would come aboard, he would like to help them out.

Kowalik said Sanchez was a joy to work with, making jokes about local news and talking about the crafts he did for his family in a shop in his yard even after a long day's work. Sanchez would also volunteer to work in other departments to help out. He was a good, all-around company man, Kowalik said, I wish I had more of him.Although he retired in 2011, Sanchez continued to weld for the company and for family and friends. Anything you needed, you name it, he would weld it, his daughter said.Custom bopptape and Silicone Wristbands,

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The numbers matter to business because most corporate pension plans use the institutes mortality tables as a starting point when calculating the future cost of pensions. Towers Watson, a consulting firm, says that while the impact will vary from one pension plan to another, acceptance of the new mortality tables could immediately increase pension accounting liabilities by 5 to 10 per cent for many plans, potentially impacting corporate income statements and balance sheets.

The firm noted that the change comes just as corporate treasurers began to hope that rising stock markets and interest rates would improve the fortunes of their pension plans, many of which are badly underfunded.

We are edging closer to a crisis, said Jim Leech, chief executive officer of the Ontario Teachers Pension Plan. Pension plans and sponsors need to come to grips with the volatility in the marketplace and the fact that people are living longer, and therefore have to save more.

The new mortality tables will not have a direct impact on Teachers, one of Canadas largest pension funds, because it has its own records dating back to 1917 and so crafts mortality tables based solely on the lifespans of teachers. But Mr. Leech knows the added burdens that assumptions about longer lifespans can cause. Like the general population, teachers are living longer, and that finding has already been worked into Teachers assumptions of future costs.

Jacques Lafrance, president of the Canadian Institute of Actuaries, said that most corporate pension plans rely on these mortality tables, although they might make their own adjustments based on their employee base. For instance, companies with white-collar employees might expect longer lifespans than average,We offer the biggest collection of old masters that can be turned into hand painted cleanersydney on canvas. while companies in the mining sector might expect shorter lifespans, he said.

He added that plans with more active workers and fewer retirees will generally face a larger impact than those with the reverse situation. The new mortality table will have an impact on the cash contributions that must be made into plans, as well as the way corporations account for their plans on their books.

What the new table is showing is that we were somewhat wrong with our prediction, that it was not conservative enough, and that in fact people are living even longer than we expected, Mr. Lafrance said.We Engrave luggagetag for YOU.Mr. Leech said pension plans and sponsors need to address longer lifespans by changing the rules around pensions.Tidy up wires with ease with offershidkits and tie guns at cheap discounted prices.
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